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A-75
NO T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S , CO N T I N U E D
19 . Q U A R T E R L Y D A T A ( U N A U D I T E D )
The two tables that follow reflect the unaudited results of operations for 2013 and 2012.
Quarter
2013
First
(16 Weeks)
Second
(12 Weeks)
Third
(12 Weeks)
Fourth
(12 Weeks)
Total Year
(52 Weeks)
Sales ........................................... $29,997 $22,686 $22,470 $23,222 $98,375
Merchandise costs, including advertising, warehousing,
and transportation,
excluding items shown separately below .......... 23,817 18,059 17,866 18,397 78,138
Operating, general, and administrative .............. 4,593 3,506 3,537 3,558 15,196
Rent ........................................... 189 139 138 147 613
Depreciation and amortization ..................... 519 387 395 402 1,703
Operating profit............................... 879 595 534 718 2,725
Interest expense ................................. 129 99 108 107 443
Earnings before income tax expense ............. 750 496 426 611 2,282
Income tax expense .............................. 266 176 125 184 751
Net earnings including noncontrolling interests ...... 484 320 301 427 1,531
Net earnings attributable to noncontrolling
interests ..................................... 3 3 2 5 12
Net earnings attributable to The Kroger Co. .......... $ 481 $ 317 $ 299 $ 422 $ 1,519
Net earnings attributable to The Kroger Co. per basic
common share ................................ $ 0.93 $ 0.61 $ 0.58 $ 0.82 $ 2.93
Average number of shares used in basic calculation.... 514 515 515 511 514
Net earnings attributable to The Kroger Co. per
diluted common share ......................... $ 0.92 $ 0.60 $ 0.57 $ 0.81 $ 2.90
Average number of shares used in diluted
calculation ................................... 520 521 521 517 520
Dividends declared per common share .............. $ 0.150 $ 0.150 $ 0.165 $ 0.165 $ 0.630
Annual amounts may not sum due to rounding.
Certain revenue transactions previously reported in sales and merchandise costs in the Consolidated
Statements of Operations are now reported net within sales. Also, certain expense transactions previously
reported in operating, general, and administrative in the Consolidated Statements of Operations are now
reported within merchandise costs. Prior quarter amounts have been revised or reclassified to conform to the
current year presentation. These amounts were not material to the prior periods.